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Pay Attention
"The worst thing that can happen to a business is to have its cashflow stopped. Cashflow is the backbone of a business, and if it stops, your business is at risk. As a business owner, you look to build a strong backbone—you need to be able to sit on the beach over a beer and think about how to grow your business, not how to fix it." This is a quote from a business owner that experienced business processing account termination. Hosted by Tal Miller, Fibonatix's CEO, in this podcast series, we provide all the information you need to know on how the right payment processing solution can grow your business.
Pay Attention
Episode 4: What Makes a Business a High(er)-Risk Business?
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Tal Miller
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Season 1
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Episode 4
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The truth behind why some businesses are flat out declined at the outset; Why some businesses are considered to be "high-risk" while others are not; How do Payment Services Providers (PSPs) go about assessing how risky businesses are...
All this and more covered in the fourth episode within our Intro to Payments series. If you're unsure how you would be classified as a merchant or if you're unsure how to classify your merchants, tune in and learn more!